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Corporations need to look beyond profits

Lisa E. Sachs; Jeffrey D. Sachs; Nathan Wiener Lobel

Title:
Corporations need to look beyond profits
Author(s):
Sachs, Lisa E.
Sachs, Jeffrey D.
Lobel, Nathan Wiener
Date:
Type:
Reports
Department(s):
Columbia Center on Sustainable Investment
Law
Economics
Persistent URL:
Series:
Columbia FDI Perspectives
Part Number:
208
Publisher:
Columbia Center on Sustainable Investment
Publisher Location:
New York
Abstract:
Lilac Nachum’s Columbia FDI Perspective argues that society is best served when companies focus on maximizing profits rather than on their social and environmental impacts. This follows the logic of an idealized free-market economy. In practice, we argue, companies should take responsibility for the impacts they have on other stakeholders.
Subject(s):
Social responsibility of business
Investments, Foreign
Corporations
Corporation law
Item views
126
Metadata:
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Suggested Citation:
Lisa E. Sachs, Jeffrey D. Sachs, Nathan Wiener Lobel, , Corporations need to look beyond profits, Columbia University Academic Commons, .

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